Malaysia Likely to Reduce MM2H Minimum Deposit Requirement by 20-30% Following Review
The MM2H closed for new applications last month pending revised terms. Stakeholders hope for sharply reduced costs, writes Jolie Zhang.
Read moreThe MM2H closed for new applications last month pending revised terms. Stakeholders hope for sharply reduced costs, writes Jolie Zhang.
Read moreThe Premium Visa Program (PViP), meanwhile, has received an average of under 5 applications a month since opening a year ago.
Read moreNow nearly 7 times cheaper than the national version and with much more flexible presence requirements, Sarawak’s MM2H is thriving.
Read moreOfficials propose to divide MM2H into “Platinum, Silver, and Bronze” categories. Agents association call for merger of MM2H and PViP.
Read moreThe quadrupling of the MM2H income requirement has caused a collapse in applications. “Those who now qualify have better options,” say agents.
Read moreMalaysia now has four residence-by-deposit programs that let participants live anywhere in the country, but two of them have an 80% discount.
Read moreUkraine, whiplashing post-pandemic demand, Portugal’s golden visa crisis, and a host of price changes made for a highly eventful year.
Read moreIndustry insiders, however, are not buying the figure, calling it “misinformation” and a practical impossibility.
Read moreWhile similar to MM2H in most respects, the new program is less restrictive and also considerably more expensive.
Read moreFollowing fervent feedback from stakeholders, Malaysia decides to grandfather in existing MM2Hers under the old rules, with two exceptions.
Read moreMM2H: Former minister warns rejections could soar; Malaysia could lose out on US$12 billion to competing programs; Dependents went unvetted.
Read moreFollowing sharp criticism from MM2H stakeholders and the Sultan of Johor, the Home Minister promises to “take another look” at the new rules, at least as they apply to long-term residents.
Read moreEven if a new government reverts to the “old” rules, faith in the program’s (and Malaysia’s) stability has been harmed beyond repair, writes Justin Donovan.
Read moreSteven Pepa argues the Malaysian govt. jilted the MM2H population to score political points and that the latter would be better off in Portugal.
Read moreThousands of settled expats who planned to live out their days in Malaysia will now need to come up 4-6x more money or get out. Most cannot afford to stay.
Read moreThe MM2H program is finally reopening, albeit with financial requirements far more onerous than in the past.
Read moreAfter decimating hundreds of MM2H businesses over a political power struggle, the government is offering a laughably small support package.
Read moreDespite repeated assurances of an imminent reopening, the MM2H remains inactive 21 months after its initial suspension. Insiders say politicking is to blame.
Read moreAfter a year and a half of uncertainty, hopes emerge that the world’s most popular residency by investment program may reopen soon.
Read moreNot as advertised: A 15-year veteran MM2H advisor questions whether authorities really want foreigners to make Malaysia their second home.
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